as introduced - 88th Legislature (2013 - 2014) Posted on 02/25/2014 01:54pm
A bill for an act
relating to education finance; authorizing a reverse referendum for
board-approved referendum revenue authority and for location equity revenue;
amending Minnesota Statutes 2013 Supplement, sections 126C.10, subdivision
2e; 126C.17, subdivision 9a, by adding a subdivision.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2013 Supplement, section 126C.10, subdivision 2e,
is amended to read:
(a) For a school district with any of its area
located within the seven-county metropolitan area, location equity revenue equals $424
times the adjusted pupil units of the district for that school year.
(b) For all other school districts with more than 2,000 pupils in adjusted average
daily membership for the fiscal year ending in the year before the levy is certified, location
equity revenue equals $212 times the adjusted pupil units of the district for that year.
(c) A district's location equity levy equals its location equity revenue times the lesser
of one or the ratio of its referendum market value per resident pupil unit to $510,000. The
location equity revenue levy must be spread on referendum market value.
(d) A district's location equity aid equals its location equity revenue less its location
equity levy, times the ratio of the actual amount levied to the permitted levy.
(e) A school district may elect not to participate in the location equity revenue
program by a board vote taken prior to September 1 of the fiscal year before the fiscal year
for which the decision not to participate becomes effective. The board resolution must
state which fiscal years the district will not participate. A copy of the board resolution
to not participate must be submitted to the commissioner.
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(f) A district's decision to participate in the location equity revenue program is
subject to a reverse referendum under section 126C.17, subdivision 14.
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This section is effective the day following final enactment.
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Minnesota Statutes 2013 Supplement, section 126C.17, subdivision 9a, is
amended to read:
Notwithstanding subdivision
9, a school district may convert up to $300 per adjusted pupil unit of referendum authority
from voter approved to board approved by a board votenew text begin subject to a reverse referendum
under section 126C.17, subdivision 14new text end . A district with less than $300 per adjusted pupil
unit of referendum authority may authorize new referendum authority up to the difference
between $300 per adjusted pupil unit and the district's referendum authority. The board
may authorize this levy for up to five years and may subsequently reauthorize that
authority in increments of up to five years.
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This section is effective the day following final enactment.
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Minnesota Statutes 2013 Supplement, section 126C.17, is amended by adding a
subdivision to read:
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(a) A referendum on the question of revoking
location equity revenue under section 126C.10, subdivision 2e, or board-approved
referendum authority under subdivision 9a, shall be called by the board upon written
petition of qualified voters of the district. A referendum to revoke a district's location
equity revenue or board-approved referendum authority must state the authority to be
revoked in total and per pupil unit. A revocation referendum may be held to revoke
location equity revenue or board-approved referendum revenue for the following fiscal
year and for years thereafter.
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(b) A petition authorized by this subdivision is effective if: (1) signed by a number
of qualified voters in excess of 15 percent of the registered voters of the district on the day
the petition is filed with the board; and (2) filed with the board by June 1 of that year. A
referendum invoked by petition must be held on the date required in subdivision 9.
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(c) The approval of 50 percent plus one of those voting on the question is required to
revoke location equity revenue or board-approved referendum authority.
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This section is effective the day following final enactment.
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